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City Parks Tax
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Home away from home
 
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Jersey City wants to raise taxes by two cents per $100 of assessed property value which means $20 for every $100k of assessed value. And even if the assessment goes up and the property tax rate goes down the parks charge stays the same except for what the city will collect for these parks...it will be more !
http://www.nj.com/hudson/index.ssf/20 ... pprove_tax_for_parks.html
Posted on: 2016/10/19 1:43
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Get on your bikes and ride !
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Re: New tax for parks, historic landmarks to go before Jersey City voters November 8, 2016
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Home away from home
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To put the number into perspective:
for a homeowner with a property valued at 500K, the new tax would amount to an increase of $100 / year. Not terrible, and the intended goal is good. But, I sure hope there is a way to ensure those funds are not
Posted on: 2016/10/18 13:47
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New tax for parks, historic landmarks to go before Jersey City voters November 8, 2016
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Home away from home
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New tax for parks, historic landmarks to go before Jersey City votersBy JERSEY CITY — The political chatter over a referendum facing Jersey City voters next month on the timing of municipal elections has largely eclipsed another ballot initiative that would be a goldmine for the city coffers. The Fulop administration wants to levy an additional tax to create a dedicated fund for funding parks and historic preservation. The tax would amount to two cents per $100 of assessed value, which Mayor Steve Fulop in August called a "nominal" hike. The city believes the fund would generate $1.2 million annually. The plan has even some of the mayor's critics in support. Ward D Councilman Michael Yun agrees with the mayor that the proposed tax would be a relatively painless way to create a dedicated stream of revenue for creating and maintaining parks and preserving historic landmarks. Read more: http://www.nj.com/hudson/index.ssf/20 ... pprove_tax_for_parks.html
Posted on: 2016/10/18 4:14
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